The answer is a very obvious no. They have a fund for instances like this where someone demands a refund but you have no bank linked, or something. They cover it, but you start getting collection calls and it'll go on your credit report and affect it fairly negatively.

Not only that, but to add to above poster's comment, you'll NEVER be able to use that account EVER again or at least until you pay them. I have been through that with PayPal and they make your life miserable. If you're using and trashing accounts or something then that's no issue for you, but the first issue of them still messing with your credit if your real bank account was at any point tied to the account then you'll have issues either way.

I know people that have owed paypal 10's of thousands of dollars and they had there bank accounts still linked to paypal. paypal can not go into your bank account and take money for any reason unless you authorise them to. yes they will call and harrass the hell out of you when it goes to collections. no it does not go on your credit report either. This is just from my own experiance of people i know and this was all recent in the past 6 months.

Replying to this old post just because cdnduppy dug it up.
PayPal can and will take funds from your bank account if you have it linked to the account. Here in the UK, when you add a bank account to PayPal, you're essentially setting up a 'direct debit'. This means that if there's a negative balance in your PP account, they are authorized to take money from your bank account to cover the debt. Period.

Regarding collections, I know people who have owed money to eBay for their seller fees (PayPal is owned by eBay) and the cases have been passed on to collection agencies and their credit rating suffered. Not sure about other countries, but it does happen in UK.

I know people that have owed paypal 10's of thousands of dollars and they had there bank accounts still linked to paypal. paypal can not go into your bank account and take money for any reason unless you authorise them to. yes they will call and harrass the hell out of you when it goes to collections. no it does not go on your credit report either. This is just from my own experiance of people i know and this was all recent in the past 6 months.

PayPal can always do a ACH reverse if they think any transaction is unauthorized, even after you have removed the bank account after withdraw or if you never confirmed the bank account, believe it or not, even after you have transfered the money from the paypal bank account to another bank, they can track it down.

When you give paypal your bank details(routing & account number), you give them the rights to do so, read their TOS when you signup. Technically, PayPal can withdraw money from any bank account if they know the routing & account number.

actually there's no such "link" thing, paypal just use the two small trial deposit or your bank log-in to make sure you are the bank owner. technically, paypal(or any payment company who can do ACH transactions) can withdraw money from any bank account if they know the routing & account number, but in the real world, they must have your authorization

Wrong answers. You give them permission to take money out of that account and they can take money you owe them out of that account as long as it is owed to them and it is open. You will have to close that account or stop all achs which is useless. You give them the right when signing up to debit any amount owed and they will take it all without your permission as you already give that consent to them if you owe them money. Authorization to get money owed to them was given when you signed up.

Wrong answers. You give them permission to take money out of that account and they can take money you owe them out of that account as long as it is owed to them and it is open. You will have to close that account or stop all achs which is useless. You give them the right when signing up to debit any amount owed and they will take it all without your permission as you already give that consent to them if you owe them money. Authorization to get money owed to them was given when you signed up.

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